Bizminer© 2021
Industry Market Report
NAICS [541922]
Commercial Photography
ALL US
TABLE OF CONTENTS
COMPETITORS-MAP
MARKET VOLUME
ANNUAL AVERAGE SALES
COVID IMPACT
MARKET PENETRATION
EMPLOYMENT
SALES BY EMPLOYMENT CLASSES
EMPLOYMENT BY EMPLOYMENT CLASSES
PRODUCTIVITY
STARTUPS
CESSATION RATES
OWNERSHIP
DEMOGRAPHICS
ABOUT THE DATA
COMPETITORS
Industry Market Area Operations
How many industry competitors are in this
market? This section analyzes the industry
population in your market area. Total industry
sites are the sum of firms plus branches. Small
businesses are single firms within 25 employees or
less. Startups have been in operation for less than
two years.
2018
2019
2020
Feb-2021 TTM
Industry Sites
9,583
8,335
7,975
8,009
Firms
9,555
8,312
7,958
7,991
Small Business
9,473
8,242
7,892
7,922
Startups
242
138
880
509
Branches
28
23
17
18
Feb-2021 Industry Market Area Operations
Industry Sites
0
1,000
2,000
3,000
Firms
Small Business
4,000
5,000
Startups
6,000
Branches
7,000
8,000
9,000
COMPETITOR MAP
The map displays up to 250 competitors closest to
the market center-point in the selected industry
market. Data tables, charts and associated
business contact lists linked to this report include
all competitors in the selected industry market
area, not only those which are represented on the
map.
Feb-2021 Industry Market Area Operations
(up to 250 closest in market area)
MARKET VOLUME
What is the total size of the industry market? How
much is captured by small businesses and
startups?
Industry Market Volume represents sales of all
industry operations in the area. Small Business
Market Volume represents only those firms with
fewer than 25 employees. Startup volume is
calculated for firms in operation for less than two
years.
Market volume and average firm sales calculations
are developed with firm-level data which is
integrated with BizMiner's internally generated
Sales per Employee projections. SPE data is both
industry- and location-specific, and is updated
monthly by the application of US Census data and
five industry and consumer price and productivity
indices from the Bureau of Labor Statistics and
other federal agencies.
Industry Market Volume ($)
2018
2019
2020
Feb-2021 TTM
Industry
4,645,810,895
3,980,973,073
2,913,339,982
2,113,352,352
Small Business
3,346,784,870
2,884,729,491
2,111,136,188
1,531,365,993
Startup
77,887,095
45,840,319
33,548,928
24,256,809
Industry Market Volume($)
5,000,000,000
4,000,000,000
3,000,000,000
2,000,000,000
1,000,000,000
0
2018
Industry
2019
Small Business
2020
Feb-2021 TTM
Startup
MARKET SHARE
Industry Market Share (%)
What is the small business share of total industry
market? What portion is held by startups? And (if
you made the necessary input) by your firm?
Shares are expressed as a percent of the total.
The small business market share represents only
those firms fewer than 25 employees. Startup
market share is calculated for firms which have
been in operation for less than two years.
2018
2019
2020
Feb-2021 TTM
Industry
100.00
100.00
100.00
100.00
Small Business
72.04
72.46
72.46
72.46
Startup
1.68
1.15
1.15
1.15
Market volume and average firm sales calculations
are developed with firm-level data which is
integrated with BizMiner's internally generated
Sales per Employee projections. SPE data is both
industry- and location-specific, and is updated
monthly by the application of US Census data and
five industry and consumer price and productivity
indices from the Bureau of Labor Statistics and
other federal agencies.
Feb-2021 Industry Market Share (%)
Industry
0
20
40
Small Business
Startup
60
80
100
ANNUAL AVERAGE SALES
Average Annual Sales ($)
What are the average annual sales of all industry
sites, small businesses and startups in this
market? Median sales are also displayed to avoid
distortion of averages by unusually large firms. If
you made the necessary inputs, your firm sales
are benchmarked.
Small business sales represent firms with <25
employees. Startup sales are calculated for firms
in operation for less than two years.
2018
2019
2020
Feb-2021 TTM
Average Site
484,797
477,621
365,309
263,872
% Change:
2020 to Feb-2021 TTM
-27.77
Median Site
181,555
178,367
174,734
177,057
1.33
Small Business
353,297
350,004
267,503
193,305
-27.74
Startups
321,848
332,176
38,124
47,656
25.00
Market volume and average firm sales calculations
are developed with firm‐level data which is
integrated with BizMiner’s internally generated
Sales per Employee projections. SPE data is both
industry‐ and location‐specific, and is updated
monthly by the application of US Census data and
five industry and consumer price and productivity
indices from the Bureau of Labor Statistics and
other federal agencies.
Feb-2021 Average Annual Sales ($)
Average Site
0
50,000
100,000
Median Site
150,000
Small Business
200,000
Startups
250,000
300,000
ANNUAL SALES: RANK
How do your sales rank among the competition?
This section shows the answer in three ways.
Your absolute sales rank is shown in “x of x”
format.
Your percentile rank calculates the percentage of
competitors with sales that fall below yours.
Your variance from median indicates the
percentage level of your annual sales relative to
median sales– the level at which the number of
operations above and below is the same.
Sales rank calculations require information about your firm to proceed. Please visit the Inputs Page to
enable Sales Rank metrics.
COVID IMPACT
Bizminer reports now adjust our raw data to better
reflect the most recent changes in local and
national industry markets. We accomplish this by
integrating additional Census Bureau data with our
proprietary content, allowing us to accelerate and
refine month-to-month trends. Our content
displays the new data in three ways:
* Our employment data is adjusted to better
reflect the most recent realities at local and
national levels
* Updates of industry market sales averages and
total market volume are accelerated by one month
and renamed as Trailing Twelve Month (TTM)
values
* New content will display monthly (not annual)
industry sales and employment from year-end
2019 through both Preliminary Update and
Advance Projection months.
These enhanced protocols will be most obvious in
our Industry Market Trend series, including a new
“Monthly Change” tab in each report. Similarly,
snapshot reports like the SWOT-XPRESS,
Competitive Market Narrative and Company
Insight series will reflect our new update protocols
and add content for Preliminary Update and
Advance months.
Shorter projections are more detailed and
accurate than longer-term projections. Preliminary
Update data is calculated on a more accurate and
detailed basis than the Advance Projection month,
which will adjust as it moves to “update month”
status the following month. Interpret and utilize
this content accordingly.
Month-to-Month Employment-Sales
Employment
Monthly Industry Market
Volume
Average Monthly Site Sales
Dec-19
22,319
331,748,588
39,802
March-20
17,325
257,418,227
32,141
April-20
18,165
264,497,230
33,025
May-20
18,165
264,006,511
32,964
Jun-20
14,099
203,767,542
25,442
Jul-20
14,099
202,624,920
25,300
Aug-20
16,353
236,123,913
29,482
Sep-20
16,574
238,419,306
29,769
Oct-20
17,281
249,992,380
31,214
Nov-20
18,651
269,812,748
33,689
Dec-20
23,468
337,284,742
42,113
Jan-21
14,806
255,385,508
31,887
Feb-21
15,955
275,421,982
34,389
Mar-21 Advance
22,291
384,800,687
48,046
COVID IMPACT (Contd.)
Bizminer reports now adjust our raw data to better
reflect the most recent changes in local and
national industry markets. We accomplish this by
integrating additional Census Bureau data with our
proprietary content, allowing us to accelerate and
refine month-to-month trends. Our content
displays the new data in three ways:
* Our employment data is adjusted to better
reflect the most recent realities at local and
national levels
* Updates of industry market sales averages and
total market volume are accelerated by one month
and renamed as Trailing Twelve Month (TTM)
values
* New content will display monthly (not annual)
industry sales and employment from year-end
2019 through both Preliminary Update and
Advance Projection months.
These enhanced protocols will be most obvious in
our Industry Market Trend series, including a new
“Monthly Change” tab in each report. Similarly,
snapshot reports like the SWOT-XPRESS,
Competitive Market Narrative and Company
Insight series will reflect our new update protocols
and add content for Preliminary Update and
Advance months.
Shorter projections are more detailed and
accurate than longer-term projections. Preliminary
Update data is calculated on a more accurate and
detailed basis than the Advance Projection month,
which will adjust as it moves to “update month”
status the following month. Interpret and utilize
this content accordingly.
% Change from Dec-19
Feb-21
Mar-21
Advance
Employment
5.15%
22.38% 18.61% 18.61% 36.83% 36.83% 26.73% 25.74% 22.57% 16.44%
33.66% 28.51%
-0.13%
Monthly
Industry
Market
Volume
1.67%
22.41% 20.27% 20.42% 38.58% 38.92% 28.82% 28.13% 24.64% 18.67%
23.02% 16.98%
15.99%
Average
Monthly Site
Sales
5.81%
19.25% 17.03% 17.18% 36.08% 36.44% 25.93% 25.21% 21.58% 15.36%
19.88% 13.60%
20.71%
Mar-20
Apr-20 May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec20
Jan-21
Monthly Change Index (Dec-19=1.00)
1.4
1.2
1.0
0.8
0.6
Dec-19March-20April-20May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21
Mar-21 Advance
Employment
Average Monthly Site Sales
Monthly Industry Market Volume
MARKET PENETRATION
Is your industry market saturated or under‐
served? Whether sales per person, per household
or per area business operation metrics are most
appropriate to your industry, our “Sales Per”
metrics offer an insight into whether your market
area is outperforming or underperforming national
levels. Although all three metrics are presented,
only or two may be relevant to your industry. For
example, retail sales will find local-national Sales
per Person and Sales per Household comparisons
useful, while wholesalers may rely more on
Business Site metrics. Note: The Sales per
business Site measure is not displayed here but
can be found in your IMR File-2, and may be more
relevant for specific types of (especially B2B
businesses).
Market Penetration ($)
2018
2019
2020
Feb-2021 TTM
US Sales / Person
14
12
9
N/A
US Sales / Household
35
29
22
N/A
Feb-2021 Market Penetration ($)
US Sales / Person
0
2
4
US Sales / Household
6
8
10
EMPLOYMENT
How steady is industry employment? Does your
firm employ more or less than the average in this
industry market? This section reports on industry
and small business employment. If you input
employment history for your firm, it is
benchmarked against the averages.
Industry Employment
2018
2019
2020
Feb-2021 TTM
Industry Total
25,589
22,319
16,673
11,936
Average Operation
3
3
2
N/A
Average Small
Business
2
2
2
N/A
Average Startups
2
2
0
N/A
Feb-2021 Average Industry Employment
Average Operation
0
2
Average Small Business
4
6
Average Startups
8
10
EMPLOYMENT BY SALES CLASSES
Market Volume by Class ($million)
What is the employment structure in your industry
market?
The Market Volume by Employment Class table
displays the total market sales of industry sites in
each bracket. Projected sales of operations for
which sales cannot be ascertained (Unknown ) are
noted in the column and are based on average
industry site sales in the market area.
Small 1-24 Medium 25‐99
Large 100+
Unknown
Total
2018
3,370.0
540.9
734.9
0.0
4,645.8
2019
2,908.1
422.2
650.7
0.0
3,981.0
2020
2,393.4
153.7
366.2
0.0
2,913.3
Large 100+
Unknown
Total
Percent Market Volume by Class
Small 1-24 Medium 25‐99
2018
72.54
11.64
15.82
0.00
100.00
2019
73.05
10.61
16.35
0.00
100.00
2020
82.15
5.28
12.57
0.00
100.00
Large 100+
Unknown
Total
Average Sales by Class (000)
Small 1-24 Medium 25‐99
2018
355.0
7,513.0
40,828.0
0.0
485.0
2019
352.0
7,156.0
40,669.0
0.0
478.0
2020
302.0
3,941.0
52,314.0
0.0
365.0
EMPLOYMENT BY EMPLOYMENT CLASSES
The Establishments by Employment Class table
displays the all market area industry operations.
Projected employment of operations for which
employment cannot be ascertained (Unknown) are
based on average industry site employment in the
market area.
Establishments
Small 1-24 Medium 25‐99
Large 100+
Unknown
Total
2018
9,493
72
18
0
9,583
2019
8,260
59
16
0
8,335
2020
7,929
39
7
0
7,975
Large 100+
Unknown
Total
Total Employment
Small 1-24 Medium 25‐99
2018
18,562
2,979
4,048
0
25,589
2019
16,304
2,367
3,648
0
22,319
2020
13,698
880
2,096
0
16,673
Large 100+
Unknown
Total
Average Employment
Small 1-24 Medium 25‐99
2018
2
41
225
0
3
2019
2
40
228
0
3
2020
2
23
299
0
2
PRODUCTIVITY: VALUES
Is your sales per employee efficiency measure
above or below the US industry and market
average? Sales per Employee levels are compared
to your firm levels if you input both sales and
employment for those years.
Sales Per Employee ($)
US
Average annual industry wages and rent per
employee are displayed and benchmarked against
your firm wage levels if they were input.
2018
2019
2020
Feb-2021 TTM
181,555
178,367
174,734
177,057
Average Annual Wage ($)
US
2018
2019
2020
Feb-2021 TTM
47,140
48,169
44,726
N/A
Rent Per Employee ($)
US
2018
2019
2020
Feb-2021 TTM
8,564
8,578
8,575
N/A
PRODUCTIVITY: INDEX
How much more or less efficient is your operation
relative to the competition? The Sales per
Employee Index expresses your firm’s SPE as a
percentage comparison to market and US levels
where 100% reflects the same level. A zero per
cent rating (+0%) indicates parity with the market
benchmark.
The Efficiency Index divides sales per employee by
average annual worker salary. Non‐wage factors
may also affect efficiency but are not represented
by this index.
Productivity index calculations require information about your firm to proceed. Please visit the Inputs
Page to enable Productivity Index metrics.
PRODUCTIVITY: CHART
How much more or less efficient is your operation
relative to the competition? The Sales per
Employee Index expresses your firm's SPE as a
percentage comparison to market and US levels
where 100% reflects the same level.
Sales per Employee ($)
182,000
180,000
178,000
176,000
174,000
2018
US
2019
2020
Feb-2021 TTM
STARTUPS: VALUES
How vigorous is entrepreneurship in your market
area? In addition to displaying the market area
startup population (two years or less), the table
calculates average startup sales, which frequently
diverge from the industry and small business
average. Industry startup market share is also
displayed.
Startup Performance (Firms)
2018
2019
2020
Feb-2021 TTM
Population
242
138
880
509
Average Sales
($)
321,848
332,176
38,124
47,656
Market Volume
($)
77,887,095
45,840,319
33,548,928
24,256,809
Market Share
(%)
1.68
1.15
1.15
1.15
Industry Startups (<2 Years)
2018
0
100
200
300
2019
400
2020
500
Feb-2021 TTM
600
700
800
900
STARTUP: INDEX
Startup Activity Rates (Firms and Branches)
How does startup activity compare to the US
industry benchmark?
Startup rates are calculated by dividing the
number of industry market startups by the total
number of operations for which an age is known.
The Local startup index compares market area
and national start rates, presenting them as a two
decimal index where identical rates would be 1.00.
2018
2019
2020
Feb-2021 TTM
US Industry
Startup Rate
(%)
2.53
1.67
11.05
6.36
Local Industry
Startup Index
(US=1.00)
0.25
0.17
1.46
N/A
Industry Startups (<2 Years)
12
10
8
6
4
2
0
2018
US Industry Startup Rate (%)
2019
2020
Feb-2021 TTM
CESSATION RATES
2018-2019 Cessation Rates
Cessation rates track the experience of business
establishments, firms, small businesses, branches
and startups doing business at the start of the
time series, and still in operation today.
Firms which relocate but maintain independent
operations are considered survivors if they do not
move out of the jurisdiction being analyzed. Firms
which become subsidiary locations, or whose
location is terminated, are grouped with others
which ceased operation. Any business entity which
does not evidence ongoing operations (for
example, by registering with government
agencies, credit reporting services or business
directories) is considered to have ceased viable
operations and is classified in the "ceased
operation" category.
Establishments (%)
0.00
Firms (%)
0.00
Small Businesses (%)
0.00
Startups (%)
0.00
Branches (%)
0.00
2018-2019 Cessation Rates
Cessation rates occasionally reflect performance
above 100% or below 0% due to business
migration among industries (changes in primary
business line) or (in the case of location‐specific
cessation rates) to business relocations. Migrants
within a NAICS‐2 industry sector are considered as
survivors in the in‐ migrant classification.
Establishments (%)
0
2
Firms (%)
Small Businesses (%)
4
6
Startups (%)
Branches (%)
8
10
OWNERSHIP
Is this industry becoming more subject to outside
ownership decisions in your area? Are local
entrepreneurs being squeezed out by franchises
or branch operations?
Industry Branch Concentration (%)
US Industry
2018
2019
2020
0.29
0.28
N/A
This table shows the percentage of industry
branch operations in the US and your market area
as a barometer of relative consolidation trends.
Increasing branch level may indicate pressure on
area entrepreneurship.
Industry Branch Concentration (%)
0.3
0.2
0.1
0.0
2018
US Industry
2019
2020
DEMOGRAPHICS: TOTAL POPULATION & AGE
Population demographics are applied from the
Census Bureau's American Community Survey.
Data for zip-county-metro-state and US markets
are applied directly. Demographic totals for
radius-based markets are applied at the level of
aggregated zip codes which are co-joined to the
selected market radius. Elements of this data are
also integrated into our Sales per Person and Sales
per Household calculations displayed on the
Penetration>Table tab.
Total Population
Total population
322,903,030
100.00%
Male
158,984,190
49.24%
Female
163,918,840
50.76%
Age
5-9 Years
20,311,494
6.29%
10-14 Years
20,817,419
6.45%
15-19 Years
21,204,226
6.57%
20-24 Years
22,286,970
6.90%
25-34 Years
44,567,976
13.80%
35-44 Years
40,763,210
12.62%
45-54 Years
41,655,758
12.90%
55-59 Years
21,611,374
6.69%
60-64 Years
19,675,357
6.09%
65-74 Years
28,535,419
8.84%
75-84 Years
14,497,679
4.49%
85-plus Years
6,205,483
1.92%
Median Age
38
DEMOGRAPHICS: RACE/ETHNICITY & EMPLOYMENT
Population demographics are applied from the
Census Bureau's American Community Survey.
Data for zip-county-metro-state and US markets
are applied directly. Demographic totals for
radius-based markets are applied at the level of
aggregated zip codes which are co-joined to the
selected market radius. Elements of this data are
also integrated into our Sales per Person and Sales
per Household calculations displayed on the
Penetration>Table tab.
Race/Ethnicity
White
234,904,818
Hispanic (all races)
57,517,935
African American
40,916,113
Native American
2,699,073
Asian
17,574,550
2-plus Races
10,435,797
Employment
Population: 16-plus Years
257,754,872
100.00%
Labor force
163,276,329
63.35%
Civilian Labor Force
162,248,196
62.95%
Civilian employment
152,739,884
59.26%
3.69%
Unemployed
9,508,312
Work at Home
7,422,933
Total Commuters
143,148,111
100.00%
Commute < 15 Minutes
37,063,688
25.89%
Commute 15-29 Minutes
51,689,841
36.11%
Commute 30-44 Minutes
29,590,157
20.67%
Commute 45-89 Minutes
20,795,090
14.53%
Commute > 90 Minutes
4,009,335
2.80%
DEMOGRAPHICS: INCOME & EDUCATION
Population demographics are applied from the
Census Bureau's American Community Survey.
Data for zip-county-metro-state and US markets
are applied directly. Demographic totals for
radius-based markets are applied at the level of
aggregated zip codes which are co-joined to the
selected market radius. Elements of this data are
also integrated into our Sales per Person and Sales
per Household calculations displayed on the
Penetration>Table tab.
Income
Total households
119,730,128
100.00%
Below $10k Income
7,584,305
6.33%
$10k-14.9k Income
5,507,051
4.60%
$15k-24.9k Income
11,146,961
9.31%
$25k-34.9k Income
11,117,434
9.29%
$35k-49.9k Income
15,124,821
12.63%
$50k-74.9k Income
20,910,222
17.46%
$75k-99.9k Income
14,937,330
12.48%
$100k-149.9k Income
17,533,125
14.64%
$150k-199.9k Income
7,513,313
6.28%
>$200k Income
8,355,566
6.98%
Median HH Income ($)
60,293
Mean HH Income ($)
60,602
Per Capita Income ($)
32,621
Education
Population 25+ Years
217,512,256
100.00%
High School Graduate
59,265,308
27.25%
Some College/Associate's Degree
63,365,655
29.13%
Bachelor's degree
42,470,927
19.53%
Graduate/Professional degree
26,396,124
12.14%
% High School Graduate or Higher (total)
191,498,014
88.04%
% Bachelor's Degree or Higher (total)
68,867,051
31.66%
DEMOGRAPHICS: HOUSING
Population demographics are applied from the
Census Bureau's American Community Survey.
Data for zip-county-metro-state and US markets
are applied directly. Demographic totals for
radius-based markets are applied at the level of
aggregated zip codes which are co-joined to the
selected market radius. Elements of this data are
also integrated into our Sales per Person and Sales
per Household calculations displayed on the
Penetration>Table tab.
Housing Units
Total Housing Units
136,384,292
100.00%
Occupied Housing Units
119,730,128
87.79%
1 Unit Detached Housing
Structures
84,062,392
61.64%
1 Unit Attached Housing
Structures
7,967,808
5.84%
Type of Housing
2 Unit Housing Structures
4,938,359
3.62%
3-4 Unit Housing Structures
5,970,578
4.38%
5-9 Unit Housing Structures
6,469,422
4.74%
10-19 Unit Housing Structures
6,078,919
4.46%
20-plus Unit Housing Structures
12,264,839
8.99%
Mobile Home Housing Units
8,512,218
6.24%
Boat-RV-Van Housing Units
119,757
0.09%
DEMOGRAPHICS: HOUSING
Population demographics are applied from the
Census Bureau's American Community Survey.
Data for zip-county-metro-state and US markets
are applied directly. Demographic totals for
radius-based markets are applied at the level of
aggregated zip codes which are co-joined to the
selected market radius. Elements of this data are
also integrated into our Sales per Person and Sales
per Household calculations displayed on the
Penetration>Table tab.
Age of Housing
Age of Housing
Housing Built 2010 or Later
5,622,664
4.12%
Housing Built 2000-2009
19,435,745
14.25%
Housing Built 1990-1999
19,018,824
13.95%
Housing Built 1980-1989
18,425,173
13.51%
Housing Built 1970-1979
20,898,334
15.32%
Housing Built 1960-1969
14,571,755
10.68%
Housing Built 1950-1959
14,169,107
10.39%
Housing Built 1940-1949
6,834,743
5.01%
Housing Built 1939 or Before
17,407,947
12.76%
Units with less than 1 Occupant Per
Room
115,719,812
84.85%
Units with 1.1-1.5 Occupants Per
Room
2,746,632
2.01%
Units with 1.51-plus Occupants Per
Room
1,263,684
0.93%
Occupants per Unit
DEMOGRAPHICS: HOUSING
Population demographics are applied from the
Census Bureau's American Community Survey.
Data for zip-county-metro-state and US markets
are applied directly. Demographic totals for
radius-based markets are applied at the level of
aggregated zip codes which are co-joined to the
selected market radius. Elements of this data are
also integrated into our Sales per Person and Sales
per Household calculations displayed on the
Penetration>Table tab.
Occupied Housing Value
Median Value of Owner Occupied Units ($)
204,900
Owner Occupied Units: Value < $50k
5,836,494
7.63%
Owner Occupied Units: Value $50k-$99.9k
9,925,573
12.98%
Owner Occupied Units: Value $100k$149.9k
10,701,662
14.00%
Owner Occupied Units: Value $150k$199.9k
10,966,573
14.35%
Owner Occupied Units: Value $200k$299.9k
14,640,124
19.15%
Owner Occupied Units: Value $300k$499.9k
13,969,500
18.27%
Owner Occupied Units: Value $500k$999.9k
8,061,903
10.55%
Owner Occupied Units: Value >$1 Million
2,342,981
3.06%
Owner-Occupied Units with Mortgage
48,198,598
63.05%
Owner-Occupied Units without Mortgage
28,246,212
36.95%
DEMOGRAPHICS: HOUSING
Population demographics are applied from the
Census Bureau's American Community Survey.
Data for zip-county-metro-state and US markets
are applied directly. Demographic totals for
radius-based markets are applied at the level of
aggregated zip codes which are co-joined to the
selected market radius. Elements of this data are
also integrated into our Sales per Person and Sales
per Household calculations displayed on the
Penetration>Table tab.
Occupied Units Paying Rent
Occupied Units Paying Rent
43,285,318
Median Rent Paid
1,023
100.00%
Occupied Units Paying <$500 Rent
4,040,816
9.34%
Occupied Units Paying $500-$999 Rent
15,816,004
36.54%
Occupied Units Paying $1000-$1499 Rent
12,141,838
28.05%
Occupied Units Paying $1500-$1999 Rent
5,311,526
12.27%
Occupied Units Paying $2000-$2499 Rent
2,077,866
4.80%
Occupied Units Paying $2500-$3000 Rent
862,806
1.99%
Occupied Units Paying $3000 or More Rent
832,994
1.92%
Rent Paid < 15% of Income (Households)
5,129,073
11.85%
Rent Paid 15%-19.9% of Income
(Households)
5,103,270
11.79%
Rent Paid 20%-24.9% of Income
(Households)
5,118,486
11.82%
Rent Paid 25%-29.9% of Income
(Households)
4,630,186
10.70%
Rent Paid 30%-34.9% of Income
(Households)
3,666,362
8.47%
Rent Paid 35%-plus of Income
(Households)
16,474,995
38.06%
ABOUT THE DATA
BizMiner data is widely accepted for industry analytical work, benchmarking, valuations, forensics and litigation. BizMiner content is accepted in US Tax Court
(Bauer vs. IRS: T.C. Memo. 2012-156) and is utilized by state, provincial and national taxing agencies in the US and Canada.
Raw data analyzed for BizMiner reports is sourced from an array of the nation's government and private statistical sources. None of these raw data sources
creates the final measures reflected in BizMiner industry profiles. In total, BizMiner accesses over a billion sourced data points from eighteen million business
operations. Historical data and BizMiner algorithms are used to inform and test projections for non-reporting firms. Data elements include:
IRS SOI Corporation Tax Book
IRS Statistics of Income
US Economic Census
US Census Quarterly Financial Reports
US Census County Business Patterns
Bureau of Labor Statistics Monthly Employment Reports
Bureau of Labor Statistics Monthly Unemployment Reports
Bureau of Labor Statistics Annual Wage Survey
Bureau of Labor Statistics Industry Productivity Reports
Bureau of Labor Statistics Price Indices
Bureau of Labor Statistics Consumer Price Index
National Agricultural Statistical Service
US Census Quarterly Financial Reports
US Census Retail Trade Report
InfoGroup, Inc.
Business Valuation Resources
American Community Survey
While 100% firm coverage is desirable for analysis purposes, the greatest value of BizMiner reports rests in discerning patterns of activity, which are reflected
in the large samples used to develop our reports. The overall current coverage of the databases surpasses 13 million active business operations at any point in
time.
As is the case with any databases this large, some errors are inevitable. Some firms are missed and specific information on others is lacking from the
database. Not all information received is uniform or complete, resulting in the need to develop projection algorithms for specific industry segments and metrics
in some report series. No representation is made as to the accuracy of the databases utilized or the results of subsequent analyses. Neither the Brandow
Company nor its resellers has undertaken independent primary research to confirm the accuracy of the data utilized in the Profile analyses. Neither the
Brandow Company nor its resellers are responsible for conclusions drawn or decisions made based upon this data or analysis. In no event will the Brandow
Company or its resellers be liable for any damages, direct, indirect, incidental or consequential resulting from the use of the information contained in BizMiner
reports.